YEARLY HIGH
1672.9503 IQD
YEARLY LOW
1401.2180 IQD
YEARLY AVERAGE
1538.9609 IQD

2022 EUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1672.9503. Conversely, the yearly low was recorded on September 27, dropping to 1401.2180.

This high-to-low spread represents a total annual volatility of 271.7323 IQD. From a start-to-finish perspective, comparing the January average rate of 1652.1604 to the December average rate of 1547.2584, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1672.9503 was down 7.16% compared to the 2021 peak of 1801.8909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 8,364,751 IQD
2021 Average 8,636,507 IQD
Yearly Trough Low 7,006,090 IQD
Transaction Impact: A difference of 1,358,661.38 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1677.1579
1413.5515
JanuMarcMayJulySeptNove

EUR to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1596.9926, compared to 1480.9292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 116.0634 points.

H1 Avg (Jan–Jun) 1596.9926
H2 Avg (Jul–Dec) 1480.9292

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 99.7155 IQD (High: 1521.3108 / Low: 1421.5952). On the other end, December was the most stable month, with a tight range of 38.3877 IQD (High: 1566.6046 / Low: 1528.2169).

November Spread (Volatile) ±99.7155
December Spread (Stable) ±38.3877

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 56.4533 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -56.4533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1652.1604) against the same month in 2021 (average: 1779.0302), the exchange rate shifted by -126.8698 (-7.13%).

2022 Avg (January) 1652.1604
2021 Avg (January) 1779.0302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1672.9503 1625.7872 1652.1604
February 1672.3551 1622.6080 1655.1907
March 1629.2365 1584.6219 1607.4109
April 1614.9690 1532.4860 1579.8305
May 1571.6501 1514.7642 1543.8591
June 1569.4193 1520.5743 1543.5040
July 1522.5264 1463.0173 1487.0507
August 1505.9562 1450.3954 1477.9523
September 1481.8424 1401.2180 1446.0181
October 1473.4526 1415.7977 1435.5187
November 1521.3108 1421.5952 1491.7769
December 1566.6046 1528.2169 1547.2584